Q&A

Our Q&A section features questions that the FedSmith.com authors answer that our readers send to them. We share them here to help you with your federal career as well as planning for your retirement. We encourage you to send your questions to the authors for use in future posts.

Why is Inauguration Day Treated Differently Than Other Holidays?

By on January 16, 2017 in Pay & Benefits, Q&A with 0 Comments
Why is Inauguration Day Treated Differently Than Other Holidays?

Can you explain why Inauguration Day is treated differently than other legal public holidays, for “in lieu of” purposes? Some of OPM’s guidance on the holiday is perplexing.

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Why Isn’t the President Giving Federal Retirees a Higher Raise?

By on January 5, 2017 in Pay & Benefits, Q&A with 0 Comments
Why Isn’t the President Giving Federal Retirees a Higher Raise?

Why isn’t the president giving a higher pay raise to federal retirees? I am a federal retiree and seeing current federal employees get a higher raise than me I feel is unfair.

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Will Retiring in the Middle of December Lower My FERS Pension?

By on January 3, 2017 in Q&A, Retirement with 0 Comments
Will Retiring in the Middle of December Lower My FERS Pension?

I understand that there is often a “best date” to retire to maximize one’s pension, but I want to retire in the middle of December 2017 to take my family on vacation. What effect will that have on my FERS pension?

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Can I Withdraw Just Pretax Contributions From My TSP?

By on December 26, 2016 in Q&A, Retirement with 0 Comments
Can I Withdraw Just Pretax Contributions From My TSP?

I have pretax contributions and Roth contributions in my TSP. Now that I have left federal service, can I start withdrawals of just the pretax money so the Roth balance can continue to grow?

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Why are TSP Annuities the Least Popular Withdrawal Choice?

By on December 19, 2016 in Q&A, Retirement with 0 Comments
Why are TSP Annuities the Least Popular Withdrawal Choice?

FedSmith.com author John Grobe recently stated that TSP annuities are one of the least popular withdrawal choices for plan participants. One user wanted to know why this was the case. Here is his answer.

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When Does an Employee Have to Retire to Receive the 2017 COLA?

By on December 14, 2016 in Q&A, Retirement with 0 Comments

An employee who plans to retire on 1/3/2017 wants to know if he has to be off of the government’s payroll by 12/31/16 to receive the COLA. The author provides the answer.

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How is the TSP Annuity Supplied by MetLife Calculated?

By on December 12, 2016 in Q&A, Retirement with 0 Comments

Can you tell me how the TSP annuity that is supplied by MetLife is calculated? I have been given a bunch of different answers and none match what the TSP rate is offering (which is of course much lower).

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What is the Correct Pay When There is an Unscheduled Shift Change?

By on November 26, 2016 in Q&A with 0 Comments
What is the Correct Pay When There is an Unscheduled Shift Change?

What is the correct pay when there is an unscheduled shift change for a General Schedule employee?

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What Happens if a Holiday Falls on My Day Off?

By on November 2, 2016 in Pay & Benefits, Q&A with 0 Comments

If a holiday falls on a Monday and that’s my day off, does the holiday move to Tuesday or does my day off move to Tuesday?

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Can Career Complacency Cause Retirement Regret?

By on August 8, 2016 in Q&A, Retirement with 38 Comments
Can Career Complacency Cause Retirement Regret?

I am a 42 year old GS-10 FERS employee with 12 years of service. As long as I work at least 30 years and put 5% into the TSP, will my retirement income be that much different from someone that is a higher grade than me?

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